China approves Eli Lilly's GLP-1 weight loss pill.
China has approved Eli Lilly's oral GLP-1 weight loss drug, Muyouda. This is the first time Chinese regulators have authorized an oral version of this medication. Previously, only injectable GLP-1 medications were approved for weight management.
- Eli Lilly became the first pharmaceutical company authorized by China for an oral GLP-1 weight loss drug.
- China’s National Health Commission stated the proportion of overweight or obese people could reach more than 65 percent by 2030.
- Yang Huang of JP Morgan forecasted annual sales of GLP-1 therapies in China could reach 30 billion yuan in the next five to seven years.
Outlets: ABC Color, BusinessLIVE, China Labour Bulletin, Citizen Digital, El Economista (México), Free Malaysia Today, Le Temps, ORF News (Austria), Observador, RTP Notícias
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